Citigroup Inc. $C Shares Sold by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY cut its holdings in shares of Citigroup Inc. (NYSE:C) by 1.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 587,187 shares of the company’s stock after selling 7,511 shares during the period. Citigroup comprises approximately 2.1% of Miller Howard Investments Inc. NY’s investment portfolio, making the stock its 14th biggest holding. Miller Howard Investments Inc. NY’s holdings in Citigroup were worth $68,519,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Krilogy Financial LLC lifted its position in Citigroup by 17.8% during the fourth quarter. Krilogy Financial LLC now owns 24,863 shares of the company’s stock valued at $2,855,000 after purchasing an additional 3,758 shares during the period. Earned Wealth Advisors LLC lifted its position in Citigroup by 9.9% during the fourth quarter. Earned Wealth Advisors LLC now owns 6,630 shares of the company’s stock valued at $774,000 after purchasing an additional 595 shares during the period. Benedict Financial Advisors Inc. lifted its position in Citigroup by 1.6% during the fourth quarter. Benedict Financial Advisors Inc. now owns 19,816 shares of the company’s stock valued at $2,312,000 after purchasing an additional 319 shares during the period. Sterling Investment Counsel LLC lifted its position in Citigroup by 39.9% during the fourth quarter. Sterling Investment Counsel LLC now owns 13,449 shares of the company’s stock valued at $1,569,000 after purchasing an additional 3,836 shares during the period. Finally, Seeds Investor LLC acquired a new position in Citigroup during the fourth quarter valued at $246,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Trading Down 0.1%

Shares of Citigroup stock opened at $132.09 on Monday. The firm has a 50-day simple moving average of $114.57 and a two-hundred day simple moving average of $110.31. The company has a market cap of $226.53 billion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 0.60 and a beta of 1.11. Citigroup Inc. has a fifty-two week low of $61.95 and a fifty-two week high of $133.57. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.00 and a current ratio of 0.99.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The business had revenue of $24.63 billion during the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The company’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.96 earnings per share. As a group, equities analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be given a $0.60 dividend. The ex-dividend date is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. Citigroup’s dividend payout ratio is 29.74%.

Insider Buying and Selling at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Truist Financial boosted their target price on shares of Citigroup from $133.00 to $139.00 and gave the company a “buy” rating in a research report on Wednesday. Evercore set a $139.00 target price on shares of Citigroup in a research report on Wednesday. Wolfe Research restated an “outperform” rating and set a $141.00 target price on shares of Citigroup in a research report on Wednesday, January 7th. Keefe, Bruyette & Woods boosted their target price on shares of Citigroup from $131.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. Finally, The Goldman Sachs Group upped their price objective on shares of Citigroup from $137.00 to $151.00 and gave the stock a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and an average price target of $135.94.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi reported a blowout Q1 — $3.06 EPS vs. $2.63 expected and $24.6B revenue (highest quarterly revenue in a decade) plus a $6.3B share‑buyback tranche and reaffirmed profitability targets — the core catalyst lifting the stock. Citigroup (C) Valuation Check After Strong Q1 Earnings Beat And Decade High Quarterly Revenue
• Positive Sentiment: Banks broadly benefited from a trading desk windfall in Q1 — stronger fixed‑income/trading revenue helped Citi’s top line, supporting forward earnings momentum. Wall Street banks ride trading boom, but flag risks to deals and growth
• Positive Sentiment: Analysts and modeling updates have turned constructive after the quarter — multiple buy/overweight ratings and a median price target above the current level provide further support to the rally. Citigroup Stock (C) Opinions on Q1 Earnings Beat
• Positive Sentiment: Corporate activity: Citi partnered with IFC on a $98M facility to reduce currency risk in South Africa — a sign of ongoing global client financing involvement and fee/revenue opportunities in emerging markets. IFC, Citigroup launch $98m facility to cut currency risk in South Africa
• Neutral Sentiment: Talent hire in Europe: Citi is expanding coverage in Germany/Austria with a senior hire from Deutsche Bank — incremental for local origination but unlikely to move the stock materially near term. Citi hires Deutsche Bank’s Wagner to head Private Company coverage in Germany, Austria
• Negative Sentiment: Insider selling has been reported (several execs sold shares in recent months), which investors may watch as a mild headwind or a signal to re‑test conviction after the run. Citigroup Stock (C) Opinions on Q1 Earnings Beat
• Negative Sentiment: Macro/market risk: commentators caution that the broader market rally is sentiment‑driven (geopolitical ceasefire hopes, etc.), leaving bank stocks exposed to reversals if macro or deal flow outlooks disappoint. The Nasdaq’s Historic Rally Doesn’t Mean the Risk Is Gone

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.